Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Vitality Products Inc. is a Canada-based company, which is in the business of manufacturing, marketing, and distributing natural health products, including vitamins, minerals and nutritional supplements. The Company is focused on key growth categories in natural health. Its product categories include iron, the essentials, sleep and stress and collagen. Its iron products include Power Iron + Spirulina and Daily Iron + Spirulina. The essential products include Time Release Super Multi+, Time Release B Complex + C 600 Mg, Digest+ and Trace Minerals + Chlorella. The sleep and stress products include Relax+, Magnesium + Chamomile Capsules – Adults, Magnesium + Chamomile and others. Its collagen products include Marine Collagen + Biotin, Marine Collagen + Cranberry and Marine Collagen + Rose. The Company maintains a distribution facility in British Columbia and an investment property in Whatcom County, Washington. Its products are sold in over 600 stores.
VPI - Vitality Products Inc
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